Rent Guarantee
Especially in today’s turbulent economic climate, ensuring that your monthly rent is secure is increasingly important. With our rent guarantee we can guarantee your monthly rental income if a tenant refuses to pay. All our policies last for a whole year and are property specific not tenant specific.
Cover for up to £30,000 unpaid rent
Instant protection from when a tenant refuses to pay
Covers costs associated with evicting a tenant
Which insurers?
| Fortis Policy Summary | |
|---|---|
 |
Covers unpaid rent if a tenant refuses to pay and/or vacate the property |
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12 month policy - cover for upto 4 or 6 month claim period depending on the policy purchased |
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Cover provided for working tenants only |
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Rental arrears up to £15,000 |
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Legal & professional costs up to £25,000 |
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Covers costs associated with evicting a tenant up to £25,000 |
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One policy per property, not per person/tenant |
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All property types excluding HMO's |
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Cover is provided per incident up to the claim period or until vacant possession is gained whichever is sooner |
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Benefit will not be paid in respect of an amount equal to the first months unpaid rent |
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Cover continues to run beyond the policy expiry date in the event of a claim until settled |
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Unlimited claims within policy period |
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Claim to be notified no more than 30 days after the rent was due |
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Tenants / Guarantor must have passed the Letinsure.co.uk Advanced+ and Guarantor references (if Guarantor is required) |
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Tenants must have signed a short-term tenancy agreement for a period of not less than 6 months |
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Policies can only be taken out up to 30 days after the signed date on the tenancy agreement |
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We advise you read the full policy wording if you would like to see the full cover available |
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If you think there is additional information which may influence or change the underwriters decision to accept the policy please call our customer service team on 0161 762 2593 |
RENT GUARANTEE & LEGAL EXPENSES
6 MONTHS RATING GUIDE
| Monthly Rent | Managed Properties | Let Only |
|---|---|---|
| £0 - £300 | £34.95 | £44.95 |
| £301 - £450 | £37.50 | £49.95 |
| £451 - £600 | £39.95 | £49.95 |
| £601 - £800 | £49.95 | £59.95 |
| £801 - £900 | £54.95 | £64.95 |
| £901 - £1000 | £59.95 | £69.95 |
If you are interested, please register with us
